About Asco Numatics (India) Private Limited
Data last updated:
Asco Numatics (India) Private Limited was a private limited company based in Chengalpattu, Tamil Nadu, India, operated as a subsidiary of Utomatic Switch Company, Usa. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 09 September 1987.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U33111TN1987PTC014841. Its GSTIN is 33AAACA5198G1ZS (Tamil Nadu).
The company had an authorised share capital of ₹65 Lakh and a paid-up capital of ₹48 Lakh. It was formerly known as Asco (India) Limited and Asco Numatics (India) Limited. It was led by directors Lakshmikantha Janardana Rudrapatna (Managing Director) and Kunchithapatham Natarajan.
Its last annual general meeting (AGM) was held on 05 December 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Chengalpattu, Tamil Nadu.
As per the financials filed for FY 2021, the company reported a revenue of ₹187.93 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹50.28 Cr (net margin 26.8%) and EBITDA of ₹72.67 Cr (EBITDA margin 38.7%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company had about 234 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 1 brand: ASCO. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹48 Lakh; the latest was in July 2008. The company has 5 MSME Form 1 returns on record between 2021 and 2022, listing 783 overdue payments to 59 micro and small suppliers.
The last known website on record is asco.com.
Company details
Name history
Asco Numatics (India) has undergone 2 name changes throughout its history. The company was previously known as Asco (India) Limited, and Asco Numatics (India) Limited. The current legal name is Asco Numatics (India) Private Limited.
| Company Name | Status |
|---|---|
| Asco Numatics (India) Private Limited | Current |
| Asco (India) Limited | Previous |
| Asco Numatics (India) Limited | Previous |
CIN history
Asco Numatics (India) has one previous CIN (Corporate Identification Number): U33111TN1987PLC014841. The current CIN is U33111TN1987PTC014841, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33111TN1987PTC014841 | Current |
| U33111TN1987PLC014841 | Previous |
Contact details
Asco Numatics (India) Private Limited's registered office is in Chengalpattu, Tamil Nadu. Its website is asco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.45 8th Avenue Mahindra World City, India, Chengalpattu, Tamil Nadu, India – 603004
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Asco Numatics (India) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Asco Numatics (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Asco Numatics (India) Private Limited, buy the company report.
Financials of Asco Numatics (India) Private Limited
FY 2021 filings availableAsco Numatics (India) Private Limited reported revenue of ₹187.93 Cr (up 3% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 3% growth in the latest year. EBITDA rose 26% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹187.93 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹72.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50.28 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.7% | ||||
| Net Profit Margin | 26.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Asco Numatics (India) Private Limited, buy the company report.
Board of directors of Asco Numatics (India) Private Limited
Asco Numatics (India) has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmikantha Janardana Rudrapatna | Managing Director | 22 Jan 2013 | 13 Years 9 Months | As last reported |
| Kunchithapatham Natarajan | Director | 29 Jul 2020 | 6 Years 3 Months | As last reported |
Auditor
Asco Numatics (India) Private Limited is audited by B S R & CO LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & CO LLP | FY 2021 | 101248W/W-100022 |
Shareholding
The shareholding of Asco Numatics (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asco Numatics (India) Private Limited, buy the company report.
Deals & funding
Asco Numatics (India) Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹48 Lakh; the latest was in July 2008.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2008 | Secondary share transfer | Undisclosed | Buyer: Emerson Electric Us Holding Corporation, Emerson Electric International Inc, Emerson Electric Co Seller: Sanmar Engineering Corporation Limited & B Natraj, Sanmar Consolidations Private Limited , Sanmar Engineering Corporation Limited & M N Radhakrishnan |
| Mar 2007 | Funding round | ₹48 Lakh | Investors: Sanmar Consolidations Private Limited , Automatic Switch Company, Sanmar Engineering Corporation Limited & S R Seshadri |
To see the full deal history of Asco Numatics (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asco Numatics (India) Private Limited has 10 court cases on record: 5 filed by Asco Numatics (India), 5 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 4 | 1 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (OSUT) | Filed by the company against Rotex Automation Limited and 2 Others and 2 others | Pending |
| High Court, UTTARPRADESH | Court case (A227) | Filed against the company by Rotex Automation Limited | Disposed |
| District court, Agra, Uttar Pradesh | Civil suit | Filed by the company against Rotex Automation Limited Through Its Managing Director and 1 other | Disposed |
| District court, South West, Delhi | Court case (CS DJ ADJ) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by The Commissioner of Central | Disposed |
To see the full case history of Asco Numatics (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Asco Numatics (India) Private Limited has 5 MSME Form 1 returns on record between 2021 and 2022, listing 783 overdue payments to 59 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 59)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| FCS Fluoro Carbon Seals Private Limited | |||
| an individual supplier | |||
| RRP Cartons | |||
| Daat Engineering |
To see the full MSME payment records of Asco Numatics (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Asco Numatics (India) has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Aventics India Private Limited | U74999KA2016PTC097081 |
To see the full group structure of Asco Numatics (India) Private Limited, buy the company report.
Employees & EPFO
Asco Numatics (India) Private Limited has a workforce of 234 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Asco Numatics (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACA5198G1ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asco Numatics (India) Private Limited, buy the company report.
Recent activity
Asco Numatics (India) Private Limited has 19 board changes on record since 2008: 2 appointments and 17 cessations. The latest: Kunchithapatham Natarajan ceased to be Additional Director on 30 Dec 2020.
10 earlier events are in the company report.
Frequently asked questions
Asco Numatics (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Asco Numatics (India) was a private limited company based in Chengalpattu, Tamil Nadu, India. The company worked in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 09 September 1987 and is registered under CIN U33111TN1987PTC014841. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Asco Numatics (India) was incorporated on 09 September 1987. It is registered with the Registrar of Companies, Chennai.
Asco Numatics (India) had 2 directors:
- Lakshmikantha Janardana Rudrapatna - Managing Director
- Kunchithapatham Natarajan - Director
The CIN (Corporate Identification Number) of Asco Numatics (India) is U33111TN1987PTC014841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Asco Numatics (India) is at Plot No.45 8th Avenue Mahindra World City, India, Chengalpattu, Tamil Nadu, India – 603004.
Asco Numatics (India) can be reached through the website asco.com. Its registered office is in Chengalpattu, Tamil Nadu, India.
The latest financial statements of Asco Numatics (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 05 December 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Asco Numatics (India) is 33AAACA5198G1ZS, registered in Tamil Nadu.
Asco Numatics (India) operated in the machinery and equipment industry, in the industrial control valves and systems segment.
Asco Numatics (India) has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹48 Lakh; the latest was in July 2008.